Press release
Marine Coatings Market to Reach USD 8.52 Bn by 2029, emerging at a CAGR of 6.24 percent and forecast 2023-2029
Marine Coatings Market
The report delves into the global marine coatings market, exploring the challenges faced by marine coating companies due to sluggish demand for new shipbuilding and intensifying competition. It highlights the detrimental impact on the marine new build markets in South Korea and China, which have resulted in negative organic growth in recent years.
Request a Free Sample Copy or View Report Summary:https://www.maximizemarketresearch.com/request-sample/2058
Marine Coatings Market Research Methodology:
A robust research methodology forms the foundation of the report, enabling an in-depth analysis of the drivers and restraints within the marine coatings market. Key attributes such as aesthetics, weather resilience, and corrosion protection are closely examined.
What are Marine Coatings Market Dynamics:
One of the primary factors driving the growth of the worldwide marine coatings market is the expansion of the shipbuilding industry. The shipbuilding industry is a prominent consumer of the global marine coatings market. Growth in the shipbuilding industry was extremely modest until 2010. It has grown dramatically since 2010, owing primarily to increased seaborne trade, FDI flows, and multinational business expansion of operations. The two most important growth drivers for the global marine coatings business are increased ship manufacturing and ship repair and maintenance.
To Gain More Insights Into The Market Analysis, Browse Summary Of The Research Report:https://www.maximizemarketresearch.com/market-report/marine-coatings-market/2058/
Marine Coatings Market Regional Insights:
North America: The North American marine coatings market is poised for significant growth during the forecast period. The region's market is characterized by slow but steady growth, driven by the limited scale of the marine industry. Despite its slower pace, the European marine coatings market ranks slightly higher in terms of growth when compared to North America.
Asia-Pacific (APAC): The APAC marine coatings industry continues to dominate the global marine market, with high growth anticipated in the coming years. Remarkably, China leads the APEJ (Asia-Pacific excluding Japan) region and the world in marine coatings consumption. This surge is attributed to the rapid expansion of shipbuilding, maintenance, and dry-docking operations in the region, underscoring its pivotal role in the global marine coatings market.
What is Marine Coatings Market Segmentation:
by Product
Anti-fouling coatings
Anti-corrosion coatings
Foul release coatings
Others
by Application
Coastal
Containers
Deep sea
Leisure boats
Offshore vessels
Others
by End Users
New Ships
Repair Work
by Resin
Epoxy
Alkyd
Polyurethane
Others (Acrylic, Polyester, and Fluoropolymer)
Request a Free Sample Copy or View Report Summary:https://www.maximizemarketresearch.com/request-sample/2058
Who are Marine Coatings Market Key Players:
1. PPG Industries, Inc. (US)
2. Axalta Coating Systems, LLC (US)
3. Cabot Corporation. (US)
4. Carboline Company (US)
5. General Coatings (US)
6. Progress Rail Services Corporation (US)
7. Mascoat (US)
8. The Sherwin-Williams Company (US)
9. Kop Coat (US)
10.RPM International, Inc. (US)
11.Delta T & Protective Products (Canada)
12.BASF SE (Germany)
13.Chemco International Ltd (UK)
14.Jotun (Norway)
15.Boero (Italy)
16.Hempel A/S (Denmark)
17.Akzo Nobel N.V. (Netherlands)
18.EXCEL India Protective Paints Pvt. Ltd (India)
19.Mathur Corr Tech Private Limited (India)
20.Chugoku Marine Paints, Ltd. (Japan)
21.Kansai Paint Co.,Ltd. (Japan)
22.Nippon Paint Holdings Co., Ltd. (Japan)
23.KCC Corporation (South Korea)
24.Sharpshell Engineering (South Africa)
25.Cresta Paints (Africa)
Table of content for the Marine Coatings Market includes:
Marine Coatings Market : Research Methodology
Marine Coatings Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Marine Coatings Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
More Related Reports:
Global Pharmaceutical Plastic Packaging Market https://www.maximizemarketresearch.com/market-report/global-pharmaceutical-packaging-market/27157/
Global Foot and Ankle Devices Market https://www.maximizemarketresearch.com/market-report/global-foot-and-ankle-devices-market/20919/
Global Compressed Natural Gas (CNG) Market https://www.maximizemarketresearch.com/market-report/global-compressed-natural-gas-cng-market/22874/
Global Polyetherimide (PEI) Market https://www.maximizemarketresearch.com/market-report/global-polyetherimide-pei-market/64377/
Global Human Enhancement Market https://www.maximizemarketresearch.com/market-report/global-human-enhancement-market/22299/
Global Phenol Derivatives Market https://www.maximizemarketresearch.com/market-report/global-phenol-derivatives-market/87771/
Global Bio Plasticizers Market https://www.maximizemarketresearch.com/market-report/global-bio-plasticizers-market/31871/
Global Aircraft Electric Motors Market https://www.maximizemarketresearch.com/market-report/global-aircraft-electric-motors-market/114684/
Global Automotive Lightweighting Market https://www.maximizemarketresearch.com/market-report/global-automotive-lightweighting-market/82092/
Automotive Oil Filter Market https://www.maximizemarketresearch.com/market-report/automotive-oil-filter-market/11783/
Global Monorail System Market https://www.maximizemarketresearch.com/market-report/global-monorail-system-market/23256/
Global Automotive E tailing Market https://www.maximizemarketresearch.com/market-report/global-automotive-e-tailing-market/22842/
Global Automotive Optoelectronics Market https://www.maximizemarketresearch.com/market-report/automotive-optoelectronics-market/12988/
Global Planned LNG Market https://www.maximizemarketresearch.com/market-report/global-planned-lng-market/78908/
Global Cellular IoT Market https://www.maximizemarketresearch.com/market-report/global-cellular-iot-market/10761/
Contact Maximize Market Research:
MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 444 West Lake Street, Floor 17,
Chicago, IL, 60606, USA.
✆ +1 800 507 4489
✆ +91 9607365656
🖂 mailto:sales@maximizemarketresearch.com
🌐 https://www.maximizemarketresearch.com
About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT and telecom, chemical, food and beverage, aerospace and defense, healthcare and others.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Marine Coatings Market to Reach USD 8.52 Bn by 2029, emerging at a CAGR of 6.24 percent and forecast 2023-2029 here
News-ID: 3226361 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
Courier Services Market Set to Surge to USD 712 Billion by 2032 with a 5.8% CAGR
The Courier Services Market size was valued at USD 453.56 Billion in 2024 and the total Courier Services revenue is expected to grow at a CAGR of 5.8% from 2025 to 2032, reaching nearly USD 712.07 Billion.
Courier Services Market Overview
The global Courier Services Market has experienced significant growth, driven by the rising adoption of e-commerce, growing Internet penetration, and changing consumer lifestyles. Courier services provide quick, door-to-door delivery solutions for…
WealthTech Solutions Market Set to Triple by 2030 with a Robust 15.58% CAGR
WealthTech Solutions Market was valued at USD 6.47 Billion in 2023, and it is expected to reach USD 17.83 Billion by 2030, exhibiting a CAGR of 15.58% during the forecast period (2024-2030).
WealthTech Solutions Market Overview
The global WealthTech Solutions Market is undergoing a transformative phase, driven by changing customer preferences, digital innovation, and evolving financial landscapes. WealthTech solutions provide digital tools and platforms that enhance operational efficiency for financial advisors, wealth…
Rapid Test Market Projected to Reach USD 80.07 Billion by 2032 with 8.81% CAGR G …
Global Rapid Test Market size was valued at USD 40.75 Bn. in 2024 and the total Rapid Test Market is expected to grow by 8.81% from 2025 to 2032, reaching nearly USD 80.07 Bn.
Rapid Test Market Overview
The global Rapid Test Market is witnessing significant growth, driven by the increasing demand for fast, accessible diagnostic solutions across healthcare settings and home-care applications. Rapid tests are designed to detect the presence of…
Agarwood Oil Market Set to Approach USD 497 Million by 2032, Driven by 5.42% CAG …
Global Agarwood Oil Market size is expected to reach nearly US$ 496.84 Mn by 2032 with the CAGR of 5.42% during the forecast period.
Agarwood Oil Market Overview
Agarwood Oil, derived from the resinous wood of Aquilaria trees primarily found in Southeast Asia, is highly valued for its aromatic and therapeutic properties. Formed when the wood is infected by yeast, pests, or microbes, the oil possesses antimicrobial, antioxidant, anti-inflammatory making it widely…
More Releases for Coat
Car Clear Coat Market A Lucrative Finish: Opportunities and Challenges in the Ca …
Car Clear Coat Market to Record an Exponential CAGR by 2031 - Exclusive Report by InsightAce Analytic
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Car Clear Coat Market Size, Share & Trends Analysis Report By Type (Solvent-Based, Water-Based), By Resin Type (Polyurethane, Acrylic, Urethane), By Substrate (Metal, Plastic, Composite), Region, Market Outlook And Industry Analysis 2031"
The global car clear coat market is estimated…
E-Coat Market Insights and Growth Opportunities in 2024: An Extensive Analysis D …
Electrocoating (E-coating) delivers a uniform coating renowned for its robust adhesion and superior corrosion protection. Its blend of effectiveness and cost efficiency positions E-coating as a favored painting or coating method across diverse industries. Particularly within the realm of automobile manufacturing, E-coating finds extensive application in commercial vehicles, as well as automotive parts and accessories, owing to its ability to provide reliable protection while maintaining affordability.
Get a free sample copy…
Automotive Paint and Coatings Market Forecast to 2028 Covid-19 Impact and Global …
Automotive paints and coatings are used to protect as well as f the parts and body of any vehicle. These paints and coatings are capable of producing durable surfaces, maximizing efficiency, exceeding customers' expectations of appearance, as well as meeting environmental regulations. Automotive paints and coatings have proven to improve the durability of a vehicle by protecting it from extreme temperature, foreign particles, UV radiation, and acid rain.
Sample PDF showcases…
Blue Coat to Acquire Crossbeam Systems
DUBAI, United Arab Emirates, December 19, 2012 – Blue Coat Systems, Inc., a market leader in Web security and optimization, today announced that it has entered into an agreement to acquire Crossbeam Systems, Inc., a proven leader in delivering scalable network security. The acquisition brings together two market leaders that deliver complementary technologies to scale and secure the world’s largest and most complex networks. By acquiring Crossbeam, Blue…
Fresh Coat of Laguna Niguel
Dana Point, CA – August 29, 2011 – Fresh Coat of Laguna Niguel today announced the launch of www.freshcoatlagunaniguel.com as an information portal for Laguna Niguel area home owners and businesses to find information about painting projects. With articles being added almost every day and an online monthly newsletter of painting tips, the website is anticipated to quickly become California’s primary resource for residential and commercial painting projects.
Future plans…
Fresh Coat Painting Franchise
Fresh Coat Painters has launched a new website designed to assist those interested in buying a franchise business.
“This site compliments our original site,” said Ralph Martin, co-founder of Fresh Coat. “Our original site focused on assisting those who were seeking painting services.
“With so many people interested in starting their own businesses and exploring different opportunities, we decided to make information about Fresh Coat ownership readily available in one place.”
The…
